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Executor and Agent

noun

  • A person appointed by a testator to carry out the terms of the will. .

EXECUTOR is a legal entity, frequently an individual, known before death to a testator, who is named in the testator's will to carry out the desires of the deceased after his death as designated in the will. Executors must be approved by the court of law probating the will. An executor pays all indebtedness as claimed by creditors of the estate, with the approval of the court of law, and then carries out or executes the will according to the terms set forth by the testator.

noun

  • An active and efficient cause; capable of producing a certain effect.
    • usage: "their research uncovered new disease agents"
  • A representative who acts on behalf of other persons or organizations.
  • A substance that exerts some force or effect.
  • A businessman who buys or sells for another in exchange for a commission.
  • Any agent or representative of a federal agency or bureau.
  • The semantic role of the animate entity that instigates or causes the happening denoted by the verb in the clause.

Agent is a person or institution that handles business and financial transactions between two other people, or between a person and an institution, is described as an agent. The person or institution that authorizes the action is the principal. For example, a brokerage firm employee who acts on your order to buy or sell stock is your agent in that trade, and you are the principal. Agents, particularly those working for brokerage firms, may also be referred to as financial consultants, account executives, registered representatives, or investment executives.

(DoD) In intelligence usage, one who is authorized or instructed to obtain or to assist in obtaining information for intelligence or counterintelligence purposes.